Skip to main content
S
ShalaneB
March 8, 2022
Question

Entering Payroll into QuickBooks from a 3rd Party

  • March 8, 2022
  • 1 reply
  • 0 views

We have a 3rd party payroll company. I enter the hours and they tell me how much money to send to them and they distribute the money where it needs to go (CPP, EI, federal taxes, etc).

My question is: do I need to enter the information separately into QuickBooks, and if yes, how should I be entering it? I've been entering the lumpsum but as we're using QuickBooks for tax purposes, shouldn't I be keeping track of payroll liabilities and such?

Thank you!

1 reply

N
Nick K
March 8, 2022

Hi ShalaneB.

 

Knowing how and what to enter into your QuickBooks Online is the cornerstone of good bookkeeping. I'd be happy to help point you in the right direction on if you should make these entries in QuickBooks and how.

 

When it comes to if you should enter this information into your QuickBooks Online and how to enter and track it correcting I recommend reaching out to your accountant. This is due to them being trained in what should be tracked and how they need to be entered. If you don't have an accountant no worries, we can help. You can go to My Accountant>Find a pro to help to find one in your area.

 

If you have any questions let us know and we'd be happy to help.

Terms & ConditionsAccessibility statement